Your Strengths Are the Path to Excellence

Written by Carole Nicolaides


by Carole Nicolaides © 2002 http://www.progressiveleadership.com

What isrepparttar one strength that - if you worked on it - would makerepparttar 106406 difference in your profession? Is it your ability to draw pictures? Translate feelings into beautiful visual images? Take words and put them into persuasive sentences? Are you especially clever with numbers? Can you sing acappella? Can you inspire people at work? The answers to all these questions will be clues to your natural talents, and most likely to your true purpose in life. Acknowledging and dedicating yourself to your natural talents isrepparttar 106407 path to excellence, success, and effortless abundance.

One of my gifts has always been my ability of asking questions. It seems others appreciate that I ask questions in a non-threatening way that allows others to see their own issues and usuallyrepparttar 106408 solutions to their problems. I took this gift for granted for many years. As someone who was in medical training, I thought this was a normal thing to do. Inquiring, and trying to get torepparttar 106409 root of peoples’ illnesses was all part of becoming a doctor.

I realized that this was not such an easy task for every medical student. Later on, when I abandonedrepparttar 106410 medical profession and started working inrepparttar 106411 business realm,repparttar 106412 same gift helped me again. My ability to askrepparttar 106413 right questions atrepparttar 106414 right moments helped technical projects to move ahead, made people feel good about themselves, and brought business satisfaction within very challenging operations. Once again, I was focusing all my energy in developing other special competencies of mine, but not acknowledging my natural gift. Why?

Only after 30 something years did I realized that my gift - my brilliance - lies in my ability to ask questions. Once I internalized this wisdom, acknowledged my gift, and stopped denying it, I was able to find my true path in life and start doing work in a way that is deeply fulfilling. The beauty of it is - once you stop fighting it - you get answers to allrepparttar 106415 things that you once had questions about. You are still working hard, but excellence comes much more easily.

So many people, when asked what they are gifted at, reply either “I don’t know” or “nothing.” How sad! I am pretty confident that you have at least one thing that you do well. If you do not know about it, then ask your family or friends and they will point something out. Everyone has something unique to offer in this world. Some have strengths that are abundantly obvious. Others, like me, have gifts that may take some investigation to uncover.

Knowing your strengths will allow you to tap into your inner desires, from which you can plot your path of life. Everything is interrelated. Your strengths will reveal your true blueprint in life.

Whether you’ve discovered your strengths or not,repparttar 106416 sad truth is that most people do not takerepparttar 106417 time to develop their gifts. A prime example isrepparttar 106418 person who works hard, struggling to rise torepparttar 106419 top, while ignoringrepparttar 106420 very things that come naturally to them. Unfortunately, it happens every day.

Raising Capital in Today's New Economy

Written by Lee Traupel


Raising Capital in Today’s “New Economy”

We’ve helped a number of clients develop business plans and raise capital from “angel” investors, corporate entities and venture capitalists duringrepparttar last 6-8 years. It’s always a daunting process that can be full of pitfalls and require a tremendous amount of work – but it can be done! Here is some perspective gleaned from years of experience.

The most important rule for raising capital to consider is: it’s never easy to raise capital when you need to! Meaning, investors are inherently risk aversive, can be very picky (a real understatement!) and they are looking forrepparttar 106405 best deal withrepparttar 106406 greatest upside and minimal risk.

Rule number two – don’t raise capital! Self fund your company (called bootstrapping in entrepreneur-speak) by finding customers that will purchase your products and services. This enables you to involve your most important business asset in your business from day one – customers!

Rule number three – userepparttar 106407 “FAF” or “VMC” methods. Raise seed (early stage) money from your friends and family and/or if you are really committed, pull some cash from a Visa or MasterCard. These methods can and do work for many entrepreneurs – be aware it can be very painful onrepparttar 106408 back end if your company does not make it!

Angel investors can add so much to your company – they can bring “intelligent capital” torepparttar 106409 business. Not only do they invest capital but will very often take an interest in helping you growrepparttar 106410 company by taking a Board of Directors seat and/or temporarily assuming a senior management role.

In my experience finding and recruiting a blue chip management team with advanced degrees and a strong corporate pedigree can sometimes kill a startup as quickly as no cash or revenue – yes, they look great in your business plan and venture capitalists love a “strong team.” But, you need “fly byrepparttar 106411 seat of their pants” manager/leaders who don’t need to grind five sets of scenarios (analysis paralysis) before they can take action – hire entrepreneurial types who’ve excelled in small companies.

Dealing with venture capitalists can be a significant challenge that is fraught with risk and no upside! Remember, they are highly skilled atrepparttar 106412 entire process, in most cases they’ve done it hundreds of times before. So, your on their turf when you step into this arena and you better do your homework properly (market size, revenue projections, cost of sales, marketing plan) and/or consult with a consultant, attorney or “angel investor” who has been throughrepparttar 106413 process before to give you guidance.

Round two in dealing with venture capitalists (assuming you are one ofrepparttar 106414 1% that submitted a business plan and/or were referred to them by another “VC approved” entity) can also be fraught with risk – know how to value your company (equity for capital), look at comparable deals inrepparttar 106415 marketplace and be prepared to negotiate hard and to give up more now than inrepparttar 106416 last 2-4 years.

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